Pip Calculator
Calculate the value of a pip based on your account currency and trade size. Optionally enter a pip gain or loss to calculate the resulting profit or loss.
Understanding Pip Value
Pip value connects a movement in price to its monetary effect on a trade. It depends on the currency pair, trade size, and account currency.
Pip Value
The monetary value of a one-pip move depends on the currency pair, your trade size, and your account currency.
Trade Size Matters
As position size increases, so does the value of each pip. A larger position therefore produces a larger gain or loss for the same market move.
From Pips to P/L
Enter the number of pips gained or lost to translate a price move into an estimated monetary profit or loss.
Other Trading Calculators
Additional calculators for position sizing, margin, and trade analysis.
Trade Return Calculator
Explore how risk, reward, win rate, and trade sequence could affect your account over time.
View Trade Return Calculator →Margin Calculator
Estimate the margin required for a forex position based on trade size, account currency, and leverage.
View Margin Calculator →